TVS Srichakra Limited , the parent company of Eurogrip Tyres, has made significant moves in the global two-wheeler tyre market with product launches and exhibitions at major international events. The company showcased its expanding product portfolio at both EICMA in Milan and Automechanika Dubai, reinforcing its commitment to innovation and global expansion in the tyre segment.

New Product Launch at EICMA

Eurogrip Tyres introduced two new product lines at the prestigious motorcycle exhibition in Milan:

1. Trailhound Wild: Designed for medium and large enduro motorcycles
2. Bee Wild: Engineered for scooters

These new offerings are part of Eurogrip's latest range of adventure and scooter tyres, showcasing the company's focus on diversifying its product lineup.

Key Features of the New Tyre Range

Both tyre models incorporate advanced features such as:

• Optimal land/sea ratio tread pattern for enhanced traction
• Balanced silica compound for improved wet grip
• High-quality synthetic fiber structure

Eurogrip's Global Presence

The launch at EICMA marked Eurogrip's fifth consecutive year of participation in the event. The company showcased its expanding global product lines, including:

• Bee Connect
• Protorq Extreme
• Climber
• Roadhound
• Trailhound SCR and STR
• Bee Volt
• Bee Sport

These products cater to various segments, including Global Scooters, Hi-Performance Sport Bikes, Enduro/Motocross, Sport Touring, Trail, and Electric vehicles.

Automechanika Dubai Participation

Further expanding its global footprint, TVS Srichakra's Eurogrip brand displayed its premium range of two and three-wheeler tyres at Automechanika Dubai. This marked the company's third participation in this global automotive aftermarket trade show. The exhibition featured:

• New product lines including trail range tyres
• Prototypes of upcoming products
• A showcase aimed at strengthening Eurogrip's presence across West Asia, Africa, and Gulf countries

Management Commentary

Mr. T. K. Ravi, Chief Operating Officer of TVS Srichakra Ltd., emphasized the company's focus on building trust through performance and its commitment to establishing Eurogrip as a global Bike Tyre Specialist.

Mr. V. Sivaramakrishnan, Chief Technology Officer, highlighted the company's R&D efforts, stating that the new products utilize "new generation polymers in the compounds, multizone tread, and an innovative tread design."

Market Implications

TVS Srichakra's strong presence at both EICMA and Automechanika Dubai signals the company's ambitions to expand its global footprint in the two-wheeler tyre market. The focus on innovation and diverse product offerings could potentially strengthen its position in both domestic and international markets, particularly in West Asia, Africa, and Gulf countries.

Conclusion

TVS Srichakra's latest product launches and international exhibitions demonstrate the company's commitment to innovation and global expansion. As the two-wheeler market continues to evolve, especially with the growing popularity of adventure bikes and electric scooters, Eurogrip's new tyre range and strategic global presence position the company to capitalize on these trends.

Investors and market watchers may want to monitor how these strategic moves impact TVS Srichakra's market share and financial performance in the future, particularly in the targeted international markets.

TVS Srichakra Limited, a prominent player in the automotive tyre industry, has made significant strides in brand expansion and reported its financial results for the first quarter of fiscal year 2026.

Global Brand Expansion

TVS Srichakra has executed a landmark 99-year trademark license agreement with its wholly-owned subsidiary, Super Grip Corporation, USA. This strategic move grants TVS Srichakra global usage rights for the 'Super Grip' trademark, enhancing its international brand presence.

Key details of the agreement include:

• Duration: 99 years
• Royalty: 2% on sales made under the Super Grip brand to parties other than Super Grip Corporation
• Scope: Global usage rights for TVS Srichakra, while Super Grip Corporation retains its own usage rights

The company classified this as a related party transaction, conducted on an arm's length basis, highlighting its commitment to transparent business practices.

Q1 FY2026 Financial Performance

For the quarter ended June 30, 2025, TVS Srichakra reported the following consolidated financial results:

The company demonstrated robust growth, with revenue from operations increasing by 3.6% year-over-year. More impressively, net profit after tax nearly doubled, showing a 93.2% increase compared to the same quarter in the previous fiscal year.

Exceptional Items

TVS Srichakra received an interim eligibility certificate from the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for an Investment Promotion Capital Subsidy. This grant, sanctioned by the Tamil Nadu government, will be received over 12 years in equal annual installments. The company recognized a grant income of ₹18.81 crore for the completed useful life of eligible assets up to March 31, 2025, under exceptional items.

Additionally, the company implemented a Voluntary Retirement Scheme, incurring an expense of ₹1.25 crore during the quarter.

Management Commentary

Shobhana Ramachandhran, Managing Director of TVS Srichakra Limited, stated, "Our first quarter results reflect strong growth and operational efficiency. The global trademark agreement for 'Super Grip' aligns with our strategy to expand our international footprint. We remain committed to innovation and sustainable growth in the automotive tyre sector."

TVS Srichakra Limited continues to strengthen its position in the automotive tyre market through strategic brand expansion and solid financial performance. The company's focus on global growth and operational efficiency positions it well for future success in the competitive tyre industry.